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Myomo
A medical technology company leading the way in extending Myoelectric Prosthetic Technology to powered bracing devices that restore an individual’s mobility.
About Myomo
Myomo is a medical robotics company that provides a wearable medical device for people with neurological disorders and upper-limb paralysis.
The company's flagship product is the MyoPro, a myoelectric-powered arm and hand orthosis. This non-invasive device is designed to help restore function to paralyzed or weakened upper extremities. The MyoPro works by reading the faint nerve signals from the surface of the skin, which then activates small motors to move the arm and hand as the user intends. This technology enables individuals to perform daily activities that were previously not possible.
Myomo serves a market of individuals who have suffered from a stroke, brachial plexus injury, traumatic brain or spinal cord injury, as well as other neuromuscular diseases or injuries. The company's target clients include adolescents, adults, and veterans. Myomo appears to have a direct-to-patient business model, with a focus on user and caregiver support through programs like MyoCare, a post-delivery follow-up care program, and MyoGames, a virtual training platform to assist with rehabilitation.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 2004
- Headquarters
- Burlington, United States
- Listing
- IPO 2017
- Sector
- Biotech & Life Sciences
- Power Law
- Colt$25–100M revenue
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Mountain Group Partners
Series B and later2 investors entered at this stage
- MPMountain Group Partners
- MTMassachusetts Institute of Technology
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
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